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Europe Machine Vision Lighting Market Forecast to 2030
Europe Machine Vision Lighting Market Forecast to 2030 – Regional Analysis – by Lighting Type [LEDs, Fiber Optic Lights (Halogen), Fluorescent Lighting, Xenon, and Others], Spectrum of Light (Visible Spectrum, IR Spectrum, and UV Spectrum), and Application (Automotive, Food & Beverage, Pharmaceuticals, Consumer Electronics, Logistics, and Others)
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Description
Rapid Expansion of Manufacturing Industry Drives Europe Machine Vision Lighting Market
The global manufacturing industry is rapidly expanding as more regions are investing in setting up manufacturing plants in their localities. As manufacturing scales up, there is an increased emphasis on maintaining high-quality standards. Machine vision systems, supported by effective lighting solutions, enable detailed inspection and quality assurance to meet stringent production requirements. In electronics manufacturing, where miniaturized components demand high precision, machine vision systems equipped with advanced lighting can detect circuit board defects and ensure final product quality. Also, machine vision systems contribute to increased efficiency and throughput by providing real-time inspection capabilities. Proper lighting is essential for capturing accurate and detailed images, allowing for rapid decision-making in the manufacturing process. For example, in the food & beverages industry, machine vision systems with optimized lighting are employed to inspect the quality of packaged goods, ensuring efficient throughput while adhering to hygiene and safety standards. Moreover, the expansion in the manufacturing industry is highly driven by global economic growth. Also, the industry is currently in the middle of a technological renaissance, changing modern factories’ systems, outlook, and processes. This technological revolution in factories has been encouraging the manufacturing industries to invest further in these emerging technologies to enhance their production cycle and productivity. Thus, the rapid expansion in the manufacturing industry is driving the demand for machine vision lighting globally.
Europe Machine Vision Lighting Market Overview
Major countries considered in Europe include Germany, France, the UK, Spain, and Italy. The European machine vision market is witnessing tremendous growth both in manufacturing and non-industrial application fields. Growth in medical technology and intelligent traffic systems is one of the biggest drivers for this growth. Other sectors—apart from industrial manufacturing—that are propelling the demand include transport and logistics. Most of the machine vision systems manufacturers are based in Europe and export these systems across the globe.
Furthermore, Europe comprises several major manufacturing industries such as aerospace, machinery & equipment, automotive, shipbuilding, and military vehicles. The automotive industry of the EU is considered to be an essential industry as it significantly contributes to the country’s GDP (6.8%) and provides employment to millions of people in the region. According to the ACEA, manufacturing facilities in the EU accounted for 19.2% of the total cars manufactured in the world in 2022. Germany holds a significant share of 30% of the automotive industry in the region. Major car manufacturers such as VW, BMW, Opel, Daimler AG, and Audi have a noticeable presence in the country. On average, Germany produces ~6 million passenger and commercial vehicles every year. The robust automobile industry, especially due to the presence of major premium car manufacturers, is anticipated to drive the machine vision lighting market. The vehicle manufacturing industry produces around 19.6 million cars, vans, buses, and trucks per year. Moreover, around 300 vehicle assembly and manufacturing facilities are located in around 27 countries across the region. Automotive, electronics, and white goods are among the industries driving the European market. The automotive industry requires a warehouse for assembling and storage purposes. These warehouses are equipped with automated robots with machine vision systems that can perform various tasks such as verification, inspection, reading of character blocks on the engine, and so on. Furthermore, the food industry is one of the major industries in this region. Automation here helps reduce the contamination risk, which proves to be beneficial to both the customer and the manufacturer. The robust manufacturing sector of the EU, coupled with extensive R&D investments, is anticipated to bolster the growth of the machine vision lighting market.
Europe Machine Vision Lighting Market Revenue and Forecast to 2030 (US$ Million)
Europe Machine Vision Lighting Market Segmentation
The Europe machine vision lighting market is segmented based on lighting type, spectrum of light, application, and country. Based on lighting type, the Europe machine vision lighting market is categorized into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. The LEDs segment held the largest market share in 2022.
In terms of spectrum of light, the Europe machine vision lighting market is categorized into visible spectrum, IR spectrum, and UV spectrum. The visible spectrum segment held the largest market share in 2022.
Based on application, the Europe machine vision lighting market is categorized into automotive, food & beverage, pharmaceuticals, consumer electronics, logistics, and others. The automotive segment held the largest market share in 2022.
By country, the Europe machine vision lighting market is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. Germany dominated the Europe machine vision lighting market share in 2022.
Schott AG, Basler AG, Exactera LLC, Spectrum Illumination, Smart Vision Lights, CCS Inc, Omron Microscan Systems Inc, wenglor sensoric GmbH, Keyence Corp, and Cognex Corp are some of the leading companies operating in the Europe machine vision lighting market.
Summary Info
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According to the Research Team’ research, the Europe machine vision lighting market was valued at US$ 400.22 million in 2022 and is expected to reach US$ 697.32 million by 2030, registering a CAGR of 7.2% from 2022 to 2030. Increase in adoption of intelligent lighting for machine vision systems and multispectral and hyperspectral lighting are among the critical factors attributed to the Europe machine vision lighting market expansion.
In machine vision systems, LED lights have been acknowledged as a technological basis for lighting test objects. However, there is still a need for optimization. Specific customer-specific applications lack individual mechanical and optical designs. A massive number of machine vision end users require lighting with higher intensity, coupled with lower price, as well as easier integration. The vital factors comprise customer-centric adaptation possibilities in lighting geometry, numerous selections for operation, and fast delivery times with wavelengths. The requirements for illumination systems, particularly, high power density for faster production process, which needs shorter exposure times and more luminous intensity, are witnessing a high demand. Manufacturers of machine vision lighting are thus catering to this inclination by manufacturing high-power LEDs. Constant developments in LED-based lights for complex end-user applications are anticipated to provide a prosperous opportunity to the market. Additionally, another prevailing factor in illumination technology is intelligent lighting. Intelligent or smart lighting aims to exploit the supply of illumination systems exquisitely and thus use them more efficiently and economically. Intelligent lighting can also be used for monitoring illumination systems, and this is consequently a move toward Industry 4.0. As the dynamic application data and the technical properties of illumination are permanently available in the machine vision system, end users can be notified immediately about diminishing lighting levels and other significant changes. The increasing factory automation is resulting in the adoption of smart lighting technology in machine vision systems.
On the contrary, complicated end user requirement hurdles the growth of Europe machine vision lighting market.
Based on lighting type, the Europe machine vision lighting market is categorized into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. The LEDs segment held 72.7% share of Europe machine vision lighting market in 2022, amassing US$ 291.00 million. It is projected to garner US$ 523.50 million by 2030 to expand at 7.6% CAGR during 2022–2030.
In terms of spectrum of light, the Europe machine vision lighting market is categorized into visible spectrum, IR spectrum, and UV spectrum. The visible spectrum segment held 75.5% share of Europe machine vision lighting market in 2022, amassing US$ 302.26 million. It is projected to garner US$ 533.48 million by 2030 to expand at 7.4% CAGR during 2022–2030.
Based on application, the Europe machine vision lighting market is categorized into automotive, food & beverage, pharmaceuticals, consumer electronics, logistics, and others. The automotive segment held 29.0% share of Europe machine vision lighting market in 2022, amassing US$ 116.19 million. It is projected to garner US$ 221.14 million by 2030 to expand at 8.4% CAGR during 2022-2030.
By country, the Europe machine vision lighting market has been categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 25.3% share of Europe machine vision lighting market in 2022. It was assessed at US$ 101.30 million in 2022 and is likely to hit US$ 197.44 million by 2030, exhibiting a CAGR of 8.7% during 2022-2030.
Key players operating in the Europe machine vision lighting market are Schott AG, Basler AG, Exactera LLC, Spectrum Illumination, Smart Vision Lights, CCS Inc, Omron Microscan Systems Inc, wenglor sensoric GmbH, Keyence Corp, and Cognex Corp, among others.
In October 2023, Cognex Corporation announced the acquisition of Moritex Corporation, a manufacturer and seller of machine vision optical components such as high-spec lenses and lighting for industrial use.
In September 2023, the wenglor sensoric Group, headquartered in Tettnang, Germany, has recently completed the acquisition of deevio, a Berlin-based start-up specializing in AI and image processing. This strategic move allows wenglor to enhance its expertise in artificial intelligence and data science, unlocking new possibilities for innovative advancements in the realm of machine vision. The acquisition strengthens wenglor’s position in the market and provides a platform for future growth and development in this rapidly evolving field.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe machine vision lighting market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe machine vision lighting market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Machine Vision Lighting Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Europe Machine Vision Lighting Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Extensive Demand for High Production Output
5.1.2 Rapid Expansion of Manufacturing Industry
5.1.3 Increasing Automation Across Industries
5.2 Market Restraints
5.2.1 Complicated End User Requirement
5.2.2 Lack of Skilled Professionals in Manufacturing Industry
5.3 Market Opportunities
5.3.1 Increase in Adoption of Intelligent Lighting for Machine Vision Systems
5.3.2 Customized Lighting Solutions for Specific Industries
5.4 Future Trends
5.4.1 Multispectral and Hyperspectral Lighting
5.5 Impact of Drivers and Restraints:
6. Machine Vision Lighting Market– Europe Analysis
6.1 Machine Vision Lighting Market Revenue (US$ Million), 2020-2030
6.2 Machine Vision Lighting Market Forecast and Analysis
7. Europe Machine Vision Lighting Market Analysis – Lighting Type
7.1 LEDs
7.1.1 Overview
7.1.2 LEDs Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Fiber Optic Lights (Halogen)
7.2.1 Overview
7.2.2 Fiber Optic Lights (Halogen) Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Fluorescent Lighting
7.3.1 Overview
7.3.2 Fluorescent Lighting Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Xenon
7.4.1 Overview
7.4.2 Xenon Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Machine Vision Lighting Market Analysis – Spectrum of Light
8.1 Visible Spectrum
8.1.1 Overview
8.1.2 Visible Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
8.2 IR Spectrum
8.2.1 Overview
8.2.2 IR Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
8.3 UV Spectrum
8.3.1 Overview
8.3.2 UV Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
9. North America Machine Vision Lighting Market Analysis – Application
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Food & Beverage
9.2.1 Overview
9.2.2 Food & Beverage Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Pharmaceuticals
9.3.1 Overview
9.3.2 Pharmaceuticals Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 Consumer Electronics Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Logistics
9.5.1 Overview
9.5.2 Logistics Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Machine Vision Lighting Market – Country Analysis
10.1 Europe Machine Vision Lighting Market Overview
10.1.1 Europe Machine Vision Lighting Market, by Key Country, 2022 and 2030 (%)
10.1.1.1 Europe Machine Vision Lighting Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 Germany Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Germany Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.2.2 Germany Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.2.3 Germany Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.3 France Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 France Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.3.2 France Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.3.3 France Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.4 United Kingdom Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 United Kingdom Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.4.2 United Kingdom Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.4.3 United Kingdom Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.5 Italy Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 Italy Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.5.2 Italy Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.5.3 Italy Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.6 Spain Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Spain Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.6.2 Spain Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.6.3 Spain Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.7 Rest of Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.7.1 Rest of Europe Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.7.2 Rest of Europe Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.7.3 Rest of Europe Machine Vision Lighting Market Revenue and Forecasts by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Cognex Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Keyence Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 wenglor sensoric GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Omron Microscan Systems, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 CCS Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Smart Vision Lights
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Spectrum Illumination
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Exaktera LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 BASLER AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Schott AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the the Reporting Teams
14.2 Word Index
Table 1. Machine Vision Lighting Market Segmentation
Table 2. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Lighting Type
Table 4. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Spectrum of Light
Table 5. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. Germany Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 8. Germany Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 9. Germany Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. France Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 11. France Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 12. France Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. United Kingdom Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 14. United Kingdom Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 15. United Kingdom Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Italy Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 17. Italy Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 18. Italy Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 19. Spain Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 20. Spain Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 21. Spain Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 22. Rest of Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 23. Rest of Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 24. Rest of Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 25. Heat Map Analysis by Key Players
Table 26. List of Abbreviation
Figure 1. Machine Vision Lighting Market Segmentation, By Country
Figure 2. Ecosystem: Machine Vision Lighting Market
Figure 3. Machine Vision Lighting Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Machine Vision Lighting Market Revenue (US$ Million), 2020-2030
Figure 6. Machine Vision Lighting Market Share (%) – Lighting Type, 2022 and 2030
Figure 7. LEDs Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Fiber Optic Lights (Halogen) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Fluorescent Lighting Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Xenon Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Machine Vision Lighting Market Share (%) Spectrum of Light, 2022 and 2030
Figure 13. Visible Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. IR Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. UV Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Machine Vision Lighting Market Share (%) Application, 2022 and 2030
Figure 17. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Food & Beverage Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Pharmaceuticals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Logistics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Europe Machine Vision Lighting Market, by Key Country – Revenue (2022) (US$ Million)
Figure 24. Machine Vision Lighting Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. Germany Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. France Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. United Kingdom Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Italy Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Spain Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 30. Rest of Europe Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 31. Company Positioning & Concentration
The List of Companies – Europe Machine Vision Lighting Market
1. Schott AG
2. Basler AG
3. Exactera LLC
4. Spectrum Illumination
5. Smart Vision Lights
6. CCS Inc
7. Omron Microscan Systems Inc
8. wenglor sensoric GmbH
9. Keyence Corp
10. Cognex Corp
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